PollingExecutiveES Module
Posted May 10, 2021, 4 PM UTC

Inclusion Poll for Staking Rewards (MIP49) - May 10, 2021

Poll ended

The Governance Facilitators have placed an inclusion poll into the voting system as part of the responsibilities defined in MIP3. This Governance Poll will be active for three days beginning on Monday, May 10 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote 'Abstain'.

Review

The community can vote in this poll to express support or opposition to this proposal being included in this month's governance cycle.

A summary has been provided by the MIP author:

This MIP covers the creation of a Staking Rewards process for MKR token holders, designed to distribute DAI as a percentage of protocol profits. MIP49 would entitle MKR holders to a share of this percentage based on the weight of their MKR staked in the Governance Contract. The implementation method is intentionally left open so that the protocol can adopt a more efficient method of distributing rewards, should one be developed.

The full text of MIP49 can be read here.

Please review the discussion thread to inform your position on this proposal before voting. It was also mentioned and possibly discussed on the Governance and Risk call on May 6, 2021.

Outcomes

This poll implements an Inclusion Threshold. The Inclusion Threshold is currently set to 3,000 MKR.

If the votes for the 'Yes' option exceed the votes for the 'No' option by at least 3,000 MKR then the following actions will be taken:

  • The Governance Facilitators will confirm the inclusion of this proposal within the next Monthly Governance Poll on the Governance and Risk call on May 13, 2021.
  • The Monthly Governance Poll occurs in week 3 of the Governance Cycle.

If the votes for the Yes' option DO NOT exceed the votes for the 'No' option by at least 3,000 MKR then this proposal will not be included in this month's governance cycle.


Resources

MIP3: Governance Cycle describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.

Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.

To participate in future Governance calls, please join us every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.

Vote Breakdown

Voting Stats
Total Votes
Unique Voters

System Info

See more
Polling Contract
Dai Savings Rate
Total Dai
Dai Debt Ceiling
System Surplus

Resources